Meretz urges EU to cut costs and enhance competitiveness
Friedrich Merz, the German Chancellor, suggested that the European Union needs to cut hundreds of billions of euros from its budget for the 2028-2034 period to boost competitiveness, while rejecting the imposition of taxes on European companies. He emphasized that the bloc cannot afford excessive increases in spending and that efforts to enhance competitiveness are not meeting the required standards. He called for reducing bureaucracy and improving investment procedures. Additionally, he pointed out the need to align cooperation between competitiveness and climate protection.
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